RNS Number : 9831V
10 November 2010
Komercni banka, a.s. http://www.kb.cz/en
Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07
Identification No.: 45 31 70 54
incorporated in the Commercial Register maintained with the Municipal Court in Prague,
section B, insert 1360
Disclosed on 2nd July 2010
Pursuant to Prague Stock Exchange Rules part III article 7 paragraph 5 letter b) and Act No. 256/2004 Coll. subsections 122(1,2,3) and (5), Komercni banka, a.s. discloses obligatory published information - Voting rights in Komercni banka, a.s. as of 11th November 2010:
N O T I F I C A T I O N O F I N F O R M A T I O N
Komerční banka, a. s., announces that on 10 November 2010 it received a "Notification of interest in voting rights" from the company Artio Global Management LLC (the former Julius Baer Investment Management LLC), 330 Madison Avenue, Suite 12A, New York, U.S.A, as the notifier. The said company informs the issuer of a decrease in its interest in voting rights from the previous 9.77 % to the current 4.79 % as of 22 October 2010.
Artio Global Management LLC is a portfolio investor which does not hold shares of Komerční banka, a. s., but that is a beneficial owner of these shares under contracts with brokers holding the shares in their name on the notifier's behalf. These contracts allow the notifier to influence the exercise of the voting rights attaching to the underlying asset.
As there is a great number of the brokers, as they operate in several levels and as they are not known to the notifier in all cases, part C of the notification is left blank.
The notifier is one of the entities whose portfolio is managed by the company Artio Global Management LLC (the former Julius Baer Investment Management LLC). As a result, in the past the shares which were held by the notifier indirectly were part of the interest reported by the company Artio Global Management LLC (still under the name of Julius Baer Investment Management LLC).
Prague, November 10, 2010
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